Amazon
WISH - Moving in a descending wedge, possibly breaking up soon..Hi Guys, WISH is moving inside a falling wedge in the daily chart. Two third of this wedge is approximately end of January (blue box) where the price might realistically break the red trendline of resistence and reach the 6$.
If this will happen, next price targets will be the 9$ gap filling and mostly the 15$ level, which represent the target given by the height of the same descending wedge.
In addition to this, MACD on the daily chart is showing a huge bullish divergence which makes pretty realistic an inversion in the upcoming weeks.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Crypto Coming To Amazon? Very Likely... Visa High Fees Banned!I just came across this bit of news which seems very interesting to me.
It seems that the corporate giants are tired of financial monopoly and tyranny.
Twitter is all set in supporting Bitcoin/Crypto and now this...
"Amazon customers blocked from using Visa cards" starting January 2022.
The ban is going into effect due to "high fees".
You know what new alternative financial tool has low fees? All crypto basically.
This can lead to all sorts of bullish developments for the crypto industry but very bearish for Visa of course.
What's your opinion?
Share your thoughts in the comments section below.
Namaste.